Coinbase CEO Brian Armstrong said he is heading to Washington, D.C., to meet with Senate Democrats, Republicans, and White House officials as momentum builds for long-awaited crypto market structure legislation. In a post on X on Oct. 22, Armstrong said he was “excited to roll up our sleeves with key decision makers to get market structure to @POTUS desk.” The Coinbase chief noted that bipartisan commitment to regulatory clarity has reached “an all-time high,” adding that lawmakers are pressing ahead with ...

Market Trends & Tokenization - Sharplink Gaming plans to tokenize its equity, joining the stock tokenization trend [1][5] - Forward Industries closed a deal to launch its Salana treasury of more than $1.5 billion [5] - Nine European banks are partnering to launch a euro-denominated stable coin, expected in the second half of 2026 [7][8] Regulatory Landscape - The US and UK are forming a joint task force to align crypto rules and improve cooperation on crypto assets [9][10] - The task force aims to explore short-term to medium-term collaboration on digital assets while regulatory regimes are developing [10] - The Genius Act, a stable coin bill, was signed into law in July, providing a sense of comfort in the industry [17][18] - The House passed the Clarity Act in July, and the Senate is working on its version of a market structure bill [21][22] - SEC Chair Paul Atkins called on lawmakers to accelerate efforts to pass a crypto market structure bill [23] Company Specifics (Hideera & Forward Industries) - Forward Industries shares dropped more than 9% [5] - Sharplink shares slid more than 5% [6] - Hideera sees the Genius Act as energizing for the next phase of digital asset regulation in the US [19] - Hideera believes a market structure bill would provide comfort and clarity for companies building on its network [27]